2015 HNL to ETB Historical Review

YEARLY HIGH

0.9734 ETB

YEARLY LOW

0.9322 ETB

YEARLY AVERAGE

0.9536 ETB

2015 HNL to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the HNL to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.9734. Conversely, the yearly low was recorded on April 27, dropping to 0.9322.

This high-to-low spread represents a total annual volatility of 0.0412 ETB. From a start-to-finish perspective, comparing the January average rate of 0.9614 to the December average rate of 0.9648, the exchange rate registered a net change of 0.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.9734 was down 5.01% compared to the 2014 peak of 1.0248, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 HNL based on timing:

Yearly Peak High 4,867 ETB

2014 Average 4,823 ETB

Yearly Trough Low 4,661 ETB

Transaction Impact: A difference of 205.87 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.9676

0.9341

JanuMarcMayJulySeptNove

HNL to ETB Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.9513, compared to 0.9558 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.9513

H2 Avg (Jul–Dec) 0.9558

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.0325 ETB (High: 0.9713 / Low: 0.9388). On the other end, July was the most stable month, with a tight range of 0.0035 ETB (High: 0.9515 / Low: 0.9481).

March Spread (Volatile) ±0.0325

July Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0127 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0127

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.9648) against the same month in 2014 (average: 0.9566), the exchange rate shifted by +0.0083 (+0.86%).

2015 Avg (December) 0.9648

2014 Avg (December) 0.9566

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9649	0.9571	0.9614
February	0.9697	0.9586	0.9610
March	0.9713	0.9388	0.9531
April	0.9583	0.9322	0.9496
May	0.9401	0.9341	0.9369
June	0.9515	0.9400	0.9460
July	0.9515	0.9481	0.9501
August	0.9540	0.9475	0.9503
September	0.9585	0.9527	0.9555
October	0.9592	0.9487	0.9553
November	0.9628	0.9548	0.9588
December	0.9734	0.9501	0.9648